YMutual & Membership BenefitEIN: 611039994· Ruling Year: 2010

West Laurel Water Association

London, Kentucky

B+Health Score
72B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 2 peers in Mutual & Membership Benefit with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.44×
Peer Median29.60×
💰
$3.1M
Total Revenue
📊
$2.9M
Total Expenses
🏦
$4.2M
Net Assets
📋
$3.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+7.7%
Year-over-year change (2022 → 2023)
Net Margin
+5.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.44
Net assets divided by total expenses
Liabilities-to-Assets
41.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,104,8398%$2,945,5604%$7,223,9161%
2022$2,881,6496%$2,824,4351%$7,161,296
2021$2,712,6712%$2,785,7361%$7,194,6022%
2020$2,659,8583%$2,814,3405%$7,354,1353%
2019$2,753,98311%$2,678,7616%$7,597,387
2018$3,102,07636%$2,536,2569%$7,606,12430%
2017$2,277,7294%$2,327,0481%$5,871,7592%
2016$2,194,9231%$2,309,6663%$6,004,3253%
2015$2,165,658$2,381,6608%$6,174,9734%
2014$2,158,9641%$2,209,5955%$6,439,6112%
2013$2,134,3804%$2,101,7191%$6,563,4231%
2012$2,214,27211%$2,122,1509%$6,600,843
2011$1,987,465$1,949,172$6,574,555

Frequently Asked Questions

What does West Laurel Water Association do?

West Laurel Water Association is a mutual & membership benefit nonprofit organization based in Kentucky. It is classified under NTEE code Y22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is West Laurel Water Association financially healthy?

Based on our 9-metric Financial Health Score model, West Laurel Water Association has a score of 72/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does West Laurel Water Association generate?

West Laurel Water Association reports $4.1M in annual revenue and holds $8.1M in total assets, based on IRS filings.

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